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Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need
Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need
Submitted by QTR's Fringe Finance
When the Fischer-Price My First Mayor™ of New York Zohran Mamdani chose to film a “tax the rich” video in front of a Manhattan penthouse owned by Citadel CEO Ken Griffin, he wasn’t just celebrating “tax day”, he was making a policy argument.
Mamdani was making a choice about his tone (dickish), about targets (“people with more money than me are bad”), and about how the city signals to the very people it depends on to fund its...
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Oct 18, 2026 / Tyler Durden
Saudi Arabia At The Breaking Point
Saudi Arabia At The Breaking Point
Authored by Larry C. Johnson via Sonar 21,
For most of this war, Saudi Arabia has been the shock absorber of the world oil market. When Hormuz closed, Riyadh pushed crude west through the East-West pipeline to Yanbu on the Red Sea and kept at least part of its exports moving. That bypass is now under attack. Ansar Allah has seized islands at the mouth of the Red Sea, declared a "maritime ban" on Saudi shipping and claimed strikes on Saudi airports, and in September...
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Aug 9, 2026 / Tyler Durden
Fire Erupts At Saudi Aramco's Jazan Refinery As Iran-Backed Houthis Claim Drone Strike
Fire Erupts At Saudi Aramco's Jazan Refinery As Iran-Backed Houthis Claim Drone Strike
Yemen's Iran-backed Houthis claimed responsibility for a drone attack on Saudi Aramco's $21 billion Jazan refinery, located on Saudi Arabia's southwestern Red Sea coast, roughly 44 miles from the Yemeni border. The facility is strategically important because it allows Aramco to export refined products through the Red Sea without transiting the Strait of Hormuz. The attack also signals the growing vulnerability of Saudi energy assets in the region, where Houthi forces have repeatedly targeted them in recent...
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Jul 1, 2026 / Tyler Durden
Microsoft Plans Thousands Of Job Cuts As Stock Suffers Worst Start In Years
Microsoft Plans Thousands Of Job Cuts As Stock Suffers Worst Start In Years
Microsoft shares are on track for one of their worst starts to a year in two decades, down roughly 21% year to date as of Tuesday’s close, as a cloud and sales hiring freeze and a broader “reset” of the Xbox unit have made recent headlines. This comes on top of growing concern over Microsoft’s AI spending boom.
Like much of the technology sector, Microsoft and other tech giants became labor-heavy after years of overhiring before and during...
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